Eleven Ventures is one of Bulgaria's first startup funds, founded in 2012 as an accelerator to help build the Bulgarian and Southeast European startup ecosystem for founders in the region, and it is funded by more than 80 tech and industrial entrepreneurs from CEE rather than typical institutional investors. It runs programs like the Visa Innovation Program Europe with Visa and the Elevate university accelerator with AUBG, and its portfolio includes early support for Bulgaria's first unicorn, Payhawk, as well as less conventional bets like the cargo-drone airline Dronamics.
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